Hi I'd like some advice please. I'm currently living abroad (south Africa) and have my car parked up in a secure underground carpark. For a number of different reasons I can't keep on paying for the finance and also I'm not sure if I'm likely to return to the UK anytime in the next 6 months so the car isn't very useful. I have paid 3 of the 5 years.
Advantage finance have accepted my request for VT and i don't owe them anything according to the letter so it should be straightforward return of the car. However as I'm not able to fly back yet due to reduced funds I wanted to know if it's possible to get a relative to sort it for me. I'm going to have to go with the £80 option of the finance company collecting the car but I wanted to know if it has to be the car's registered address or can I choose where it is collected from?
Also can anyone talk me through what exactly happens so I can be prepared. They weren't very helpful on the phone. For instance, does the car get towed? Do they need my signature? Does it need to be insured on the day? The car is currently SORN and MOT expired December but condition of car is good so it'll likely pass but do I need to mot it for them to collect it? Also when can I cancel my direct debit? Next payment is due 28th of this month and car needs to be returned within 21 days.
Thanks in advance
Advantage finance have accepted my request for VT and i don't owe them anything according to the letter so it should be straightforward return of the car. However as I'm not able to fly back yet due to reduced funds I wanted to know if it's possible to get a relative to sort it for me. I'm going to have to go with the £80 option of the finance company collecting the car but I wanted to know if it has to be the car's registered address or can I choose where it is collected from?
Also can anyone talk me through what exactly happens so I can be prepared. They weren't very helpful on the phone. For instance, does the car get towed? Do they need my signature? Does it need to be insured on the day? The car is currently SORN and MOT expired December but condition of car is good so it'll likely pass but do I need to mot it for them to collect it? Also when can I cancel my direct debit? Next payment is due 28th of this month and car needs to be returned within 21 days.
Thanks in advance
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